Schwab STAX rises to 59.8 in July as retail clients stay net buyers - SCHW News | RalliesSchwab STAX rises to 59.8 in July as retail clients stay net buyers
S
SCHW• Schwab STAX rises in July
- Schwab’s STAX rose to 59.8 in July from 59.12 in June, signaling slightly higher retail trading activity.
- Clients stayed net buyers, using late-month dips to add stocks, ETFs and options; net buying ran about 2-to-1.
- Options activity strengthened, skewing toward put selling, concentrated in technology and chip-related names.
- The Fed held rates at 3.5%-3.75%; Treasury yields climbed as crude surged on Persian Gulf tensions and Strait of Hormuz disruptions.
- Buying skewed toward Gen X clients, with self-directed traders increasing bullish activity as single-stock volatility rose.
